NOT LISTED FOR SALE

4334 Us Highway 441 SE Unit 22 Okeechobee, FL 34974

Estimated Value: $229,000 - $310,000

2 Beds
2 Baths
1,434 Sq Ft
$180/Sq Ft Est. Value

Last Sold October 07, 2021

Last sale price $160,000 $112 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $1,937/month

340 Days on Market

Highlights

  • Boat Ramp
  • Canal Access
  • Vaulted Ceiling
  • Home fronts navigable water
  • Clubhouse
  • Garden View

About This Home

As of October 2021

COTTAGES AT THE LAKE consist of 24 detached Key West Cottages. This 2BR/2BA plus loft cottage has been well maintained. Access to Lake Okeechobee through Taylor Creek Lock, which is approximately 1 mile.. Unit has one assigned covered parking space and one assigned dock slip on Rim Canal. Dock slip will handle a boat up to 25 feet. Monthly assessment $275 month and includes water, lawn, trash, insurances and reserves. Property is currently leased.

Last Agent to Sell the Property

Caroline Fallon

Shepard Realty License #173407 Listed on: 10/01/2020

Last Buyer's Agent

Michael Johnston

The Keyes Company License #3342965

The Keyes Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,904

Year Built

  • Built in 2007

Lot Details

  • 1,220 Sq Ft Lot
  • Home fronts navigable water
  • Property is zoned Single F

HOA Fees

  • $275 Monthly HOA Fees

Home Design

  • Metal Roof

Interior Spaces

  • 1,434 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Single Hung Metal Windows
  • Blinds
  • Loft
  • Screened Porch
  • Garden Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Detached Garage
  • Assigned Parking

Outdoor Features

  • Canal Access

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 1363735006a000000220

Community Details

Overview

  • Association fees include common areas, insurance, ground maintenance, reserve fund, trash, water
  • Cottages At The Lake Subdivision

Amenities

  • Clubhouse

Recreation

  • Boat Ramp
  • Boating

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,904

Year Built

Built in 2007

Lot Details

0

HOA Fees

$275 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: 1 mile SE of Taylor Creek Locks on Rim Canal to Lake Okeechobee on US HWY 441. Upon entering community, turn right, unit #22 is the yellow cottage at the end.
  • Year Built: 2007
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Vaulted Ceiling(s), Loft
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Laminate, Tile
  • Living Area: 1434.0
  • Dining Room Type: Loft
  • Stories: 2
  • Window Features: Blinds, Metal, Single Hung

Exterior Features

  • Exterior Features: Enclosed Porch
  • View: Garden
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Pool Private: No
  • Waterfront Features: Canal Access, Navigable Water
  • Waterfront: No
  • Patio And Porch Features: Porch, Screened
  • Property Condition: Resale
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Garage Yn: No
  • Parking Features: Assigned, Detached, Garage

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 275.0
  • Community Features: Boat Facilities, Clubhouse, Non-Gated, Sidewalks
  • Senior Community: No
  • Amenities: Clubhouse
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Maintenance Grounds, Reserve Fund, Trash, Water

Lot Info

  • Parcel #: 1363735006a000000220
  • Lot Size Sq Ft: 1220.0
  • Zoning Description: Single F
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 1904.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2020
Closed on
Sep 24, 2021
Sold by
Drabick Phillip A and Drabick Beverly E
Bought by
Tomsa Pavel
Seller's Agent
Caroline Fallon
Shepard Realty
Buyer's Agent
Michael Johnston
The Keyes Company
List Price
$178,500
Sold Price
$160,000
Premium/Discount to List
-$18,500
-10.36%
Current Estimated Value
$258,834

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,834
Avg. Annual Appreciation
14.78%
Original Mortgage
$128,000
Outstanding Balance
$116,977
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$156,548

Purchase Details

Closed on
Jan 29, 2010
Sold by
Federal National Mortgage Association
Bought by
Drabick Phillip A and Drabick Beverly E

Purchase Details

Closed on
Aug 17, 2007
Sold by
Mcdaniel Scott W
Bought by
Drabick Phillip A and Drabick Beverly E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,800
Interest Rate
6.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 24, 2007
Sold by
Hampp Development Inc
Bought by
Mcdaniel Scott W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Tomsa Pavel $160,000 Shore To Shore Title Llc
Drabick Phillip A $109,000 Attorney
Drabick Phillip A $263,500 First American Title Ins Co
Mcdaniel Scott W $257,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tomsa Pavel $128,000
Previous Owner Drabick Phillip A $202,600
Previous Owner Drabick Phillip A $210,800
Previous Owner Mcdaniel Scott W $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2021 10/07/21 Sold $160,000 +11328.6% $112 / Sq Ft
09/07/2021 09/07/21 Pending -- -- --
03/25/2021 03/25/21 Rented $1,400 0.0% --
03/25/2021 03/25/21 For Rent $1,400 0.0% --
10/01/2020 10/01/20 For Sale $178,500 0.0% $124 / Sq Ft
04/21/2020 04/21/20 Rented $1,400 0.0% --
03/26/2020 03/26/20 Under Contract -- -- --
01/28/2020 01/28/20 For Rent $1,400 +7.7% --
07/03/2016 07/03/16 Rented -- -- --
06/03/2016 06/03/16 Under Contract -- -- --
03/09/2016 03/09/16 For Rent $1,300 +8.3% --
11/15/2014 11/15/14 Rented -- -- --
10/16/2014 10/16/14 Under Contract -- -- --
08/19/2014 08/19/14 For Rent $1,200 -- --
Source: BeachesMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,011 $203,725 $6,000 $197,725
2023 $2,777 $186,249 $5,000 $181,249
2022 $2,454 $157,774 $5,000 $152,774
2021 $2,137 $131,890 $7,000 $124,890
2020 $2,089 $130,746 $7,000 $123,746
2019 $1,904 $114,267 $6,000 $108,267
2018 $1,855 $115,326 $6,000 $109,326
2017 $1,626 $94,153 $0 $0
2016 $1,649 $92,469 $0 $0
2015 $1,636 $87,686 $0 $0
2014 -- $81,949 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10659606

BeachesMLS

APN: R1-36-37-35-006A-00000-0220